Clear Street expands North American operations to Dallas
Latest news
Clear Street expands North American operations to Dallas 30 March 2022US Reporter: Carmella Haswell
Image: Still_Motion_Media/stock.adobe.com
Clear Street has announced its expansion into the Dallas market, following its growing prime brokerage sales and trading team.
Led by head of sales and trading, Joseph Ricciardi — who has more than two decades of experience in equity trading for buy and sell-side clients — a number of seasoned professionals have joined the team.
Dan Mele is appointed managing director of sales and trading and Dallas branch manager. He joins the company after four years as an equity trader at National Securities Corporation.
Mele previously held roles in trading at Jefferies WFG Investments and Esposito Securities, LLC.
Mark Hall becomes managing director of sales and trading, bringing more than 27 years of experience to the firm.
Previously, Hall served as an equity trader at several firms, including Fidelity Investments, Capital Institutional Services, WFG Capital Markets and National Securities Corp.
Clear Street also hires Danny Shapiro as director of sales and trading. He enters the company with more than seven years of experience in equity sales.
Prior to his new position, Shapiro held roles in equity sales at Citi, Credit Suisse and Stephens Inc.
Commenting on the new hires, Ricciardi says: "We are pleased to welcome Dan, Mark and Danny to the Clear Street team as we build our presence in the fast-growing Dallas metro area.
“We are at a pivotal moment in Clear Street's journey as we expand our network and bring new products and services to market. Bringing on top sales and trading talent is essential in helping us continue to provide exceptional service to our diverse customer base."
Chris Pento, co-founder and CEO of Clear Street, adds: "In the past 12 months, we have made significant strides in building out our prime brokerage platform, providing a best-in-class, technology-first experience to our clients. Expanding our operations into Dallas, and bringing on top industry talent, continues to give Clear Street an edge in supporting our rapidly growing roster of prime brokerage clients."
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Still_Motion_Media/stock.adobe.com 